8.Barneys Bowl-a-Rama has experienced an increase in sales due to the upcoming bowling tournament of champions in Springfield. In 2020, Barneys reported sales equal to $65,000 and it is projecting an increase in sales at a rate equal to 11% for 2021. If Barneys Bowl-a-Rama operated at 83% capacity in 2020, would it need to invest in net fixed assets to meet projected sales for 2021? Explain how you came to your conclusion in 3-5 sentences.

9.Bart is growing tired of living with his parents. He estimates that he will need $170,000 for a down payment to buy his dream house (this value will not change regardless of when Bart buys the house). Luckily, Bart just got paid for one of his Butterfinger commercials, and he has decided to invest this money in a savings account that pays an interest equal to your special rate. If Bart invests an amount equal to $65,000 now, how long will he have to wait to have the $170,000 that he needs for his house? Express your answer in decimal form with TWO decimal places 0.00.

10.Homer would like to plan an early retirement. If he wants to have an amount equal to $65,000 in 4 years, how much will he have to save now if he can earn interest equal to 11% compounded annually?

11.See question 10. If Homer could earn 10% interest instead, would he have to invest more or less money in the savings account to have the amount he needs in 4 years? No calculations needed, explain in 1-2 sentences.